Category Archives:
China’s Huawei sees 2022 revenue of $91.5 billion, up 0.4% -report
SHANGHAI (Reuters) -Chinese smartphone maker Huawei expects its revenue for 2022 to reach 636.9 billion yuan ($91.53 billion), media outlet the Paper said on Friday, citing a public letter from rotati...
Dec 29, 2022
Canada competition tribunal approves C$20 billion Rogers-Shaw merger
(Reuters) - Canada's competition tribunal on Thursday approved the C$20 billion ($14.77 billion) merger between Rogers Communications Inc and Shaw Communications Inc that would create the country's se...
Dec 29, 2022
South Korea to raise electricity prices for Q1 2023 by record amount
SEOUL (Reuters) - South Korea will raise electricity prices for the first quarter of 2023 by a record amount of 13.1 won per kilowatt-hour, the country's energy minister said on Friday. The amount of ...
Dec 29, 2022
Asia stocks rise as investors find foothold at end of brutal 2022
By Ankur Banerjee SINGAPORE (Reuters) - Asian equities rose on Friday as investors looked to end the year on an optimistic note after U.S. data showed the Federal Reserve's aggressive monetary policy ...
Dec 29, 2022
China’s factory activity likely cooled in Dec on COVID surge: Reuters Poll
BEIJING (Reuters) - China's factory activity is expected to have extended declines in December, a Reuters poll showed on Friday, as the end of the country's "zero-COVID" policy and rising infections b...
Dec 29, 2022
Oil set to close higher in 2022, a turbulent year marked by tight supplies
By Florence Tan SINGAPORE (Reuters) - Oil prices edged up on Friday and were on track to post a second straight annual gain, albeit a meagre one, in a year marked by tight supplies due to the Ukraine ...
Dec 29, 2022
China central bank makes biggest weekly short-term cash injection since 2019
SHANGHAI (Reuters) - China's central bank stepped up liquidity support this week by making the biggest weekly cash injection through a short-term bond instrument since 2019 to help financial instituti...
Dec 29, 2022
Exclusive-U.S. considers airline wastewater testing as COVID surges in China
By Julie Steenhuysen and Nancy Lapid CHICAGO/NEW YORK (Reuters) - As COVID-19 infections surge in China, the U.S. Centers for Disease Control and Prevention is considering sampling wastewater taken fr...
Dec 29, 2022
Dollar eyes best year since 2015; Fed rate path, China reopening to set tone
By Rae Wee SINGAPORE (Reuters) - The dollar was on track for its best performance in seven years on Friday, having been buoyed by the Federal Reserve's aggressive monetary policy tightening and concer...
Dec 29, 2022
Bahamas regulator holds FTX assets pending delivery to customers, creditors
(Reuters) - The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing at the time of transfer on a temporary basis to deliver t...
Dec 29, 2022
Peoria, IL, USA
46 °F Overcast
